President Trump thanked Turkish President Recep Tayyip Erdogan in a joint press conference Wednesday afternoon for working closely with the U.S. on several Middle East issues while noting the "challenges" created by Turkey's purchasing of Russian military equipment.
Among the topics the two leaders discussed at the White House was Turkey's decision to purchase a Russian missile defense program and its attacks on Kurdish forces in Syria.
The meeting comes at a low point in Turkish-U.S. relations, particularly in terms of Syria following Turkey's offensive against Kurds in the nation who had been solid allies of the U.S. On Tuesday, the Wall Street Journal reported the existence of U.S. drone video evidence of Turkish-backed gunmen targeting civilians in October.
Turkey began launching attacks in northern Syria, almost immediately after Trump announced the U.S. would pull out remaining troops. Lawmakers on both sides of the aisle condemned Erdogan's actions in Syria as well as Trump's decision to pull the troops.
"I want to thank his partnership as we work to build a safe and prosperous Middle East," Trump said Wednesday. "I'm a big fan of the president."
Erdogan called Turkey the "most reliable partner in the region" for the U.S.
While Trump and Erdogan met, lawmakers spent more than six hours in the first of public impeachment hearings on Capitol Hill. President Trump said he was "too busy" to watch but also tweeted about the events happening down the street.
When questioned about the impeachment inquiry, Trump called it "a sham" that "shouldn't be allowed."
Trump said he will be releasing a second call related to the impeachment inquiry tomorrow, which he said predates the July 25 call with Ukrainian president Volodymyr Zelensky.
He added, "I'd much rather focus on peace in the Middle East."
Fox News' John Roberts asked the president about the phone call between Trump and U.S. ambassador to the European Union Gordon Sondland that Ambassador Bill Taylor recounted in his testimony earlier today.
"I know nothing about that," Trump said. "I've never heard it [...] not even a little bit."
Taylor testified today that his staffer accompanied Sondland to a restaurant on July 26, heard Trump ask Sondland about "the investigations" and, after the call, Sondland told the staffer that "President Trump cares more about the investigations of Biden."
Trump joked "only friendly reporters" from Turkey could ask questions.
Adam Johnson, Portfolio Manager at Adviser Investments, joins Cheddar News' Closing Bell, where he explains why he believes we saw markets jump during Wednesday's session, and adds that investors have already priced in 'every possible kind of bad news we could have.'
Jennifer Klein, the White House Gender Policy Council's co-chair and executive director, spoke to Cheddar News about the economic impact of the pandemic showing the need for a group like the Gender Policy Council, and the need to address issues that have affected women the most,
President Joe Biden on Wednesday signed a long-awaited executive order on cryptocurrencies, striking a careful balance between highlighting the risks of digital assets and touting their potential benefits.
McDonald’s said Tuesday it is temporarily closing all of its 850 restaurants in Russia in response to the country's invasion of Ukraine. The burger giant said it will continue paying its 62,000 employees in Russia.
The price of nickel, one of the key minerals needed to produce stainless steel and lithium-ion batteries, saw an unprecedented surge Tuesday amid fears that Western sanctions could cut off Russian supplies of the crucial commodity.
As Western companies cut ties with Russia over its invasion of Ukraine, there's a possibility their Chinese rivals could move in and fill the void. Major corporations such as Apple, Samsung, Dell, and more have halted sales in Russia in hopes of encouraging Putin to back down, but now it seems those sanctions could be presenting a unique opportunity for China. Michael Friedson, Co-founder and Executive Editor of The Media Line News Agency, joined Cheddar's Opening Bell to discuss how these Western boycotts are reshaping geopolitical alignments, the global economy, and international trade.
Gas prices have reached their highest level since 2008, topping an average of $4 across the country. The surge comes as Russia's invasion of Ukraine triggers supply concerns in what was already an extremely tight oil market. Jay Hatfield, Chief Investment Officer at ICAP, breaks down why costs at the pump are so high right now, and just how high they could go.
President Joe Biden has announced that the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine.
If confirmed, judge Ketanji Brown Jackson could become the first black woman on the bench of the U.S. Supreme Court. Cheddar News speaks with Katie Barlow, Chief Legal Correspondent at Fox 5 to discuss the significance of the nomination.
The European Union is historically divided and slow when it comes to decision-making, but in the recent weeks, the 27 members have agreed upon several sanctions and decisions regarding foreign policy and defense. The EU has cut off Russian banks from the swift payment system, blocked Russian propaganda channels, and closed European skies for air travel to and from Russia. Germany, for example, who has refused to send any deadly weapons to conflict zones, has now agreed to send lethal weapons to Ukraine. Rupert Steiner, London Bureau Chief at Barron's, joins cheddar news to discuss.
